Why KLA Stock Triumphed on Thursday
Given how KLA (NASDAQ: KLAC) stock performed on the market Thursday, the company probably doesn't want the trading week to end. Its shares zoomed nearly 6% higher in price, thanks largely to a promising new deal in the chip industry. That rise was notably steeper than the S 500 index's 0.7% increase.
Even by the standards of the microchip business, the deal announced between Nvidia and is significant. The former is investing a cool $5 billion in the latter, and the two will collaborate on a series of products and projects.
Image source: Getty Images.
Source Fool.com
Intel Corp. Stock
Currently there is a rather positive sentiment for Intel Corp. with 46 Buy predictions and 25 Sell predictions.
However, we have a potential of -14.28% for Intel Corp. as the target price of 74 € is below the current price of 86.33 €.


